Connective Advance’s Private Loan and Residual Stock Loan are designed to provide brokers with the flexibility to support their clients' varying business needs.
Unlike traditional Private Loans, Connective Advance interest rates are very competitive and incorporate a trail commission to the introducing broker. Generally, the setup cost to customers is significantly reduced with longer loan terms available supported by a policy of no early repayment fees or claw backs.
Security property in Maroubra, NSW
$6,178,500 | 70% LVR | 3 years IO | Residential home
The borrowers, both self-employed in the construction industry, were seeking to refinance an existing private facility that was nearing expiry.
Their goal was to list the property for sale within six months. However, their existing lender would only agree to a 12-month extension with pre-paid interest limiting their flexibility.
We provided a more suitable solution by offering a longer loan term with no exit costs if repaid early, giving the borrowers the breathing room they needed.
See products and ratesPrivate Loan Loan: No ongoing fees, no early repayment fees
Broker commission: 0.60% upfront (flexible up to 2.0%) + 0.25% trail.
Connective Advance possesses deep SMSF knowledge and experience, offering a wide range of structural options such as tenants in common, in-specie transactions and bespoke unit trust arrangements.
With the right lending structures, SMSFs can be incredibly effective wealth vehicles - and Australians are increasingly responding to that. Here’s how the right lending structures can work for your clients:
Allows a member's own business to lease the commercial property at market rent.
Business owners can benefit from owning their premises and building wealth, within super.
A structure where two or more parties each hold a defined share of a property.
This arrangement can enable SMSFs to acquire higher-value properties than they could on their own, or to partner with other investors for strategic purposes.
Which allow the transfer of an asset into or out of an SMSF without selling it for cash.
Instead of liquidating the asset and contributing the proceeds, the asset itself is contributed or distributed "in its current form” as a contribution.
Our ability to utilise projected concessional and non-concessional contributions for servicing is particularly beneficial for newly established funds or those seeking higher LVRs or loan amounts.
If you’d like to know more about what Connective Advance has to offer, please reach out to your CHL BDM or your Connective Advance BDM.
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